Bloom Energy Corporation (NYSE:BE) Short Interest Update

Bloom Energy Corporation (NYSE:BE) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 19,348,027 shares, a decline of 35.0% from the June 15th total of 29,780,167 shares. Currently, 7.0% of the shares of the company are short sold. Based on an average daily volume of 17,445,244 shares, the short-interest ratio is presently 1.1 days.

Analyst Ratings Changes

A number of brokerages recently commented on BE. Robert W. Baird restated an “outperform” rating and issued a $310.00 price target on shares of Bloom Energy in a research report on Thursday, July 9th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research report on Friday, May 1st. Royal Bank Of Canada reiterated an “outperform” rating and set a $335.00 price objective on shares of Bloom Energy in a research note on Wednesday, June 10th. Roth Capital raised their target price on shares of Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Finally, Sanford C. Bernstein started coverage on shares of Bloom Energy in a research report on Tuesday, June 16th. They issued a “market perform” rating and a $276.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Bloom Energy has a consensus rating of “Hold” and an average target price of $250.41.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,837 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the transaction, the insider owned 207,417 shares in the company, valued at $59,966,328.87. This represents a 1.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares in the company, valued at $70,949,350.77. This represents a 18.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 153,617 shares of company stock worth $44,003,909. Company insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

A number of hedge funds have recently made changes to their positions in BE. Blue Trust Inc. lifted its stake in Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy during the first quarter worth $27,000. WPG Advisers LLC grew its stake in shares of Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after buying an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. increased its holdings in shares of Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after buying an additional 200 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Bloom Energy Price Performance

Shares of BE stock traded up $13.81 during trading hours on Friday, reaching $220.54. The company’s stock had a trading volume of 7,064,286 shares, compared to its average volume of 11,700,512. Bloom Energy has a fifty-two week low of $24.04 and a fifty-two week high of $351.28. The firm’s 50 day simple moving average is $279.33 and its 200-day simple moving average is $202.33. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The company has a market capitalization of $62.73 billion, a price-to-earnings ratio of -4,409.84 and a beta of 3.73.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter in the previous year, the firm earned $0.03 EPS. Bloom Energy’s revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts forecast that Bloom Energy will post 1.4 earnings per share for the current year.

Key Stories Impacting Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Industrial Development Funding and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells for Nebius’ AI infrastructure build-out, highlighting a large new revenue opportunity tied to AI data-center power demand. Reuters: IDF, Oaktree to invest $1.7 billion in Bloom Energy fuel cells for AI infrastructure
• Positive Sentiment: Separate coverage of the same deal reinforced that Bloom’s fuel-cell technology is being linked directly to AI cloud infrastructure, which could support investor confidence in future demand and growth. Yahoo Finance: Bloom Energy (BE) Lands $1.7 Billion Backing For Fuel Cells In AI Cloud Infrastructure
• Neutral Sentiment: Market commentary and a Jim Cramer “buy” mention added to the bullish narrative, but this appears more sentiment-driven than a fundamental catalyst. MSN: Cramer’s lightning round: Buy Bloom Energy
• Negative Sentiment: Bloom Energy was hit by a sharp selloff as investors worry its valuation has gotten ahead of fundamentals and that demand tied to data-center growth may not be as smooth as hoped. Invezz: Bloom Energy stock has suffered a $40 billion wipeout: what next?
• Negative Sentiment: A short-seller report also raised supply-chain risk, claiming Bloom Energy relies on scandium from China and could face constraints if exports were restricted, adding another overhang for the stock. Barchart: A Short Seller Report Says China Could Kill This Key Data Center Supplier’s Growth

Bloom Energy Company Profile

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.